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Blinken reveals how much money partners gathered for restoration of Ukraine's energy system

Monday, 23 September 2024, 20:40
Blinken reveals how much money partners gathered for restoration of Ukraine's energy system
Stock Photo: Getty Images

The G7 countries, as well as other partners, have raised over US$4 billion for the restoration of the energy infrastructure of Ukraine, which Moscow is trying to destroy since the beginning of the Russian full-scale invasion of Ukraine.

Antony Blinken, US Secretary of State, revealed this at the G7+ Ministers’ Meeting in New York.

Source: Ukrinform; the US Department of State

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Details: "We have collectively, as G7 and other partner countries, worked to mobilise resources over the last couple of years for Ukraine, for its people, to ensure that they have the energy supplies that they need and that the country can deliver those supplies to the people who need them," Blinken said.

He stressed that only over the past two years, since the Russian full-scale invasion of Ukraine, the G7+ countries had mobilised over US$4 billion, and this process was ongoing.

Over the past month alone, Germany, the Netherlands and other countries have announced new contributions. In June US Vice President Kamala Harris reported the allocation of US$500 million for power needs of Ukraine, and last month the US allocated US$300 million more, increasing the contribution of the US into this sector to US$1.8 billion.

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"Now, this money is important, but what it really means is it translates into practical necessities to help our Ukrainian friends get through the coming months, and particularly getting through the winter," Blinken stressed.

He added that Putin was trying to use energy and cold as a weapon in his intentions to defeat Ukraine.

"And we know that the upcoming winter will be challenging, which is why our countries have been working together every single day to help ensure that Ukraine has what it needs to get through the winter," he added.

Blinken stated that the participants of the ministerial meeting in New York would discuss the current situation and the plans for a closer perspective in order to restore the energy infrastructure of Ukraine affected by Russian strikes.

Background: Since October 2022 the Russians have launched over 1,000 attacks on the facilities of the energy infrastructure of Ukraine, which has significantly affected the stability of the energy system.

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